Assessment Order Set Aside; Procedural Lapse on DRP Intimation Held Curable

American megatrends International India Private Limited Vs Assessment Unit (Madras High Court) In this Writ Petition, the petitioner challenged the Impugned Assessment Order dated 27.05.2025 issued under Sections 143(3), 144B, and 144C(3) of the Income Tax Act, 1961 for the assessment year 2022-2023. The dispute arose following a Transfer Pricing Officer order under Section 92CA(3) on 17.01.2025 and a subsequent Draft Assessment Order dated 19.03.2025 under the faceless assessment scheme. The petitioner filed an application before the Dispute Resolution Panel (DRP) under Section 144C(2)(b) but...